FX.co ★ Patterns AUDUSD | Australian Dollar (AUD) to US Dollar (USD) Rate in the Forex market

The Bullish pennant pattern is formed on the AUDUSD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 0.6681, a further uptrend is possible.

The Triple Bottom pattern has formed on the chart of the AUDUSD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.6656/0.6654.

The Triple Bottom pattern has formed on the chart of the AUDUSD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.6656/0.6654.

According to the chart of M5, AUDUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.6674 – 0.6674 and upper border 0.6684 – 0.6684. In case the upper border is broken, the instrument is likely to follow the upward trend.

The technical pattern called Head and Shoulders has appeared on the chart of AUDUSD M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.6677/0.6677 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.6662.

The Triple Bottom pattern has been formed on AUDUSD M15. It has the following characteristics: resistance level 0.6698/0.6690; support level 0.6677/0.6676; the width is 21 points. In the event of a breakdown of the resistance level of 0.6698, the price is likely to continue an upward movement at least to 0.6697.

According to the chart of M15, AUDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.6652 and 0.6636 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 16 pips. Outlook: If the upper border 0.6652 is broken, the price is likely to continue its move by 0.6666.

According to the chart of M15, AUDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.6624 and 0.6597 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 27 pips. Outlook: If the upper border 0.6624 is broken, the price is likely to continue its move by 0.6632.

According to the chart of H1, AUDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.6624 and 0.6597 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 27 pips. Outlook: If the upper border 0.6624 is broken, the price is likely to continue its move by 0.6649.

According to the chart of M30, AUDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6624/0.6609 whereas the lower border goes across 0.6597/0.6609. The pattern width is measured on the chart at 27 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.6609 is broken, the price could continue its move toward 0.6639.